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Use Case—Nostro Accounts Match

Volker Liermann (), Sangmeng Li () and Johannes Waizner ()
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Volker Liermann: ifb SE
Sangmeng Li: ifb SE
Johannes Waizner: ifb SE

A chapter in The Digital Journey of Banking and Insurance, Volume II, 2021, pp 21-31 from Springer

Abstract: Abstract The matching of nostro accounts is a common challenge in financial departments. Most institutions have automated the preparation of the matching process to a certain extent. However, the matching is still executed by humans. The authors present an approach to combine cluster algorithms with combinatorics to meet the challenge.

Keywords: Nostro accounts; Supervised methods; Machine learning; Deep learning (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-78829-2_2

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DOI: 10.1007/978-3-030-78829-2_2

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